MORNING UPDATE: PriceWatch Alerts for XOM and More... for 2022-09-01 |
| PriceWatch Alerts for XOM, AAPL, CVX, STLD, ULTA, ESTE, PANW, FREY, CTRA, and MUR. Today's optimal covered call on Exxon Mobil Corp has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of XOM stock at $95.59 per share and sell one contract of the Exxon Mobil Corp September 09, 2022 95 call for $2.61 for a net debit of $92.98 per share. This trade lasts 8 days, giving it an annualized return rate of 88.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Apple Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of AAPL stock at $157.22 per share and sell one contract of the Apple Inc September 09, 2022 157.5 call for $3.00 for a net debit of $154.22 per share. This trade lasts 8 days, giving it an annualized return rate of 86.4%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Chevron Corp has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of CVX stock at $158.06 per share and sell one contract of the Chevron Corp September 09, 2022 157.5 call for $3.73 for a net debit of $154.33 per share. This trade lasts 8 days, giving it an annualized return rate of 83.3%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Steel Dynamics Inc has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of STLD stock at $80.72 per share and sell one contract of the Steel Dynamics Inc September 16, 2022 80 call for $3.53 for a net debit of $77.19 per share. This trade lasts 15 days, giving it an annualized return rate of 83.0%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Ulta Beauty Inc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of ULTA stock at $419.87 per share and sell one contract of the Ulta Beauty Inc September 09, 2022 420 call for $8.10 for a net debit of $411.77 per share. This trade lasts 8 days, giving it an annualized return rate of 81.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Earthstone Energy has an assigned return rate of 11.3%. To enter this trade, buy 100 shares of ESTE stock at $15.20 per share and sell one contract of the Earthstone Energy October 21, 2022 15 call for $1.72 for a net debit of $13.48 per share. This trade lasts 50 days, giving it an annualized return rate of 81.0%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Palo Alto Networks Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of PANW stock at $556.81 per share and sell one contract of the Palo Alto Networks Inc September 09, 2022 555 call for $12.20 for a net debit of $544.61 per share. This trade lasts 8 days, giving it an annualized return rate of 77.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Freyr Battery has an assigned return rate of 10.6%. To enter this trade, buy 100 shares of FREY stock at $14.24 per share and sell one contract of the Freyr Battery October 21, 2022 14 call for $1.58 for a net debit of $12.66 per share. This trade lasts 50 days, giving it an annualized return rate of 75.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Coterra Energy Inc has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of CTRA stock at $30.91 per share and sell one contract of the Coterra Energy Inc September 16, 2022 30.5 call for $1.32 for a net debit of $29.59 per share. This trade lasts 15 days, giving it an annualized return rate of 70.2%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Murphy Oil Corp has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of MUR stock at $38.97 per share and sell one contract of the Murphy Oil Corp September 16, 2022 37.5 call for $2.58 for a net debit of $36.39 per share. This trade lasts 15 days, giving it an annualized return rate of 69.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Are you looking for a more conservative strategy that solves the pitfalls that come with covered calls investing? Check out our RadioActive Home Study Kit (http://www.poweropt.com/psDetails.asp?pid=25)! 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NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE BorgWarner Inc. (BWA), Vulcan Materials Company (VMC) and 3M Co (MMM) are moving higher this morning, while Hormel Foods Corp (HRL), Freeport-McMoRan Inc (FCX) and Campbell Soup Company (CPB) are headed lower. Futu Holdings Ltd (FUTU), and Baidu Inc (BIDU) were upgraded by analysts this morning, while Gitlab Inc (GTLB), Western Digital Corp (WDC) and Okta Inc (OKTA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Australia ASX All Ordinaries is down -2.02%, the Hang Seng is down -1.79%, the Nikkei 225 is down -1.53% the Mumbai Sensex is down -1.29% and the Shanghai SE Composite Index is down -0.54%.Stocks in Europe are down. The FTSE 100 is down -1.2%, the CAC 40 is down -1.09%, the DAX is down -1.02% and the Euro Stoxx 50 is down -1.01%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -1.37 at 88.18 per barrel. Brent crude is down -1.57 at 94.07 per barrel. Natural Gas is down -0.02 at 9.1. Precious metals are down this morning. Gold is down -10.68 at 1700.36 per ounce. Platinum is down -9.01 at 839.93 while silver is down -0.27 at 17.61. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound. Bitcoin is down -1.26% to $20,080.46 while Ethereum is down -1.24% to $1,576.94. Equity PUT/CALL RATIO Yesterday, 1,488,801 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,424,341 put contracts. The single-session put/call ratio was 0.96. TODAY'S ECONOMIC CALENDAR Initial Claims 8/27 8:30 Continuing Claims 08/20 8:30 ISM Manufacturing Index Aug 10:00AM EARNINGS EXPECTED TODAY: BBW, BRC, CIEN, CPB, DLTH, FLWS, GCO, GMS, HRL, JILL, LE, MEI, MOMO, NNDM, PDCO, SAIC, SIG, TOUR, WB |
